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As simple as possible: 00 level trading

  • #7,561
  • Jul 4, 2014 2:30am Jul 4, 2014 2:30am
Quoting Udine
{quote} Wimbledon ??? Udine
That's what I was thinking too?

I love Wimbledon..........

Masterrmind............
Master your Mind then Master your Trades
  • #7,562
  • Jul 4, 2014 2:30am Jul 4, 2014 2:30am
Quoting FxSignals
Anybody can share H1&Daily colored indicators? i can't find that. thanks

try the first post
Sleep less, live fast, as it aint gonna last
  • #7,563
  • Jul 4, 2014 2:30am Jul 4, 2014 2:30am
Quoting bubincka
I'm in EJ short @ 138.800... turning into a looser. Anybody else took this trade ?
I did
Never say no to PIPS
  • #7,564
  • Jul 4, 2014 2:32am Jul 4, 2014 2:32am
Quoting bubincka
I'm in EJ short @ 138.800... turning into a looser. Anybody else took this trade ?
I did, why you think is turning into a loser? Is not over till is not over....
  • #7,565
  • Jul 4, 2014 2:32am Jul 4, 2014 2:32am
Quoting Masterrmind
{quote} That's what I was thinking too? I love Wimbledon.......... Masterrmind............

yup

seen some great matches

Udine
Sleep less, live fast, as it aint gonna last
  • #7,566
  • Jul 4, 2014 2:34am Jul 4, 2014 2:34am
Quoting bubincka
I'm in EJ short @ 138.800... turning into a looser. Anybody else took this trade ?

BCC

the worst thing that can happen is that it ends up being a losing trade..

Udine
Sleep less, live fast, as it aint gonna last
  • #7,567
  • Jul 4, 2014 2:34am Jul 4, 2014 2:34am
Quoting Udine
{quote} yup seen some great matches Udine
Yes I could talk about it for hours but will refrain from doing so!

Masterrmind...........
Master your Mind then Master your Trades
  • #7,568
  • Jul 4, 2014 2:34am Jul 4, 2014 2:34am
Quoting bubincka
I'm in EJ short @ 138.800... turning into a looser. Anybody else took this trade ?
a looser is a looser till the stop is hit, not before
  • #7,569
  • Jul 4, 2014 2:38am Jul 4, 2014 2:38am
Demo trading:
EJ open short 3880
EA pending short 4530
  • #7,570
  • Jul 4, 2014 2:38am Jul 4, 2014 2:38am
Quoting bubincka
I'm in EJ short @ 138.800... turning into a looser. Anybody else took this trade ?
Don't panic, it's sitting around a daily support line, will take a bit of time.
  • #7,571
  • Jul 4, 2014 2:39am Jul 4, 2014 2:39am
Quoting Masterrmind
{quote} Yes I could talk about it for hours but will refrain from doing so! Masterrmind...........
agreed

Udine
Sleep less, live fast, as it aint gonna last
  • #7,572
  • Jul 4, 2014 2:41am Jul 4, 2014 2:41am
Oh god, what happened?

EJ TP
GA TP
  • #7,573
  • Jul 4, 2014 2:41am Jul 4, 2014 2:41am
Quoting iwan73
Demo trading: EJ open short 3880 EA pending short 4530
Where was your open of this hours EA? Might find that 4530 is the second 00 of the hour.
  • #7,574
  • Jul 4, 2014 2:41am Jul 4, 2014 2:41am
EJ +5!

today's total:0 (CJ tunred into a BE)
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My hope has been almost completely shattered, but not completely yet
  • #7,575
  • Jul 4, 2014 2:41am Jul 4, 2014 2:41am
London：

GA & Ej --TP
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  • #7,576
  • Jul 4, 2014 2:42am Jul 4, 2014 2:42am
Hi Udine,
Just want to clarify the MoneyManagment part of this. I thought it would have been covered or clarified but have not seen it yet.

Is it right to say that your risk for every trade is actually 2% with a 10 pip SL, and your reward is 1% with a 5 pip TP?

This would then make sense that you are targeting only 2 trades. Otherwise if you risk 1%, then you would win 0.5% and need to win 4 times to meet your daily goal.

Just Checking..

Thanks..
  • #7,577
  • Jul 4, 2014 2:42am Jul 4, 2014 2:42am
Target reached - done

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Small disciplines repeated with consistency lead to great achievements.
  • #7,578
  • Jul 4, 2014 2:43am Jul 4, 2014 2:43am
1 bonus trade a day keeps the financial debakel away!

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Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #7,579
  • Jul 4, 2014 2:43am Jul 4, 2014 2:43am
Done for the day..

EU & EJ to TP

wanted to reach the daily target ASAP today

Udine
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Sleep less, live fast, as it aint gonna last
  • #7,580
  • Jul 4, 2014 2:45am Jul 4, 2014 2:45am
udine when do you choose to trade other pairs apart from EJ and GJ?
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